Macro Finance
US Treasury Cuts Off MEXC Global Over $16 Billion in Alleged Illicit Transfers
CoinCentral·November 7, 2026·1 min read
The US Treasury's FinCEN ordered financial institutions to stop processing transfers involving crypto exchange MEXC Global. The Treasury alleges MEXC handled at least $16 billion in transactions tied to illicit activity by groups in Iran, Russia, and North Korea between May 2021 and May 2026. The order takes effect 30 days after issuance.
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